The Legend Holdings-formed venture capital firm is reportedly seeking $300m for the final close of its latest dollar-denominated healthcare vehicle.

Legend Capital, the China-headquartered venture capital firm formed by conglomerate Legend Holdings, has reached a $177m first close of its third US dollar-denominated healthcare fund, AVCJ reported yesterday.

Founded in 2001, Legend Capital targets a range of areas including IT, financial services, food and agriculture, advanced manufacturing, professional services and innovative consumer technology and services, in addition to healthcare.

The firm’s latest fund has a $300m target for its final close, two sources close to the situation told AVCJ. It…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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